Expion360 announces 1-for-100 reverse stock split effective Oct 8 to regain Nasdaq compliance

Expion360 Inc.

Reverse stock split at 1:100 ratio, effective 5:00 p.m. PT on Oct 8, 2024.
Common stock to trade on Nasdaq post-split under symbol XPON starting Oct 9, 2024.
Split intended to regain compliance with Nasdaq minimum bid price requirement.
No fractional shares; holders entitled to fraction get one whole share instead.
Proportional adjustments to equity awards, warrants, and options outstanding.

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